Citigroup Maintains Buy on Intuit, Raises Price Target to $651
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders has maintained a Buy rating on Intuit (NASDAQ:INTU) and increased the price target from $565 to $651.
November 29, 2023 | 12:31 pm
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Citigroup analyst Steven Enders has reaffirmed a Buy rating on Intuit and raised the price target, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100